SKF Payroll Specialist Salaries by 3 Employees (Updated 2024)

14 - 17 years exp.

₹12 Lakhs - ₹16.5 Lakhs

Low Confidence

Salary of majority employees

173% more than the average Payroll Specialist Salary in Auto Components Companies for 14 - 17 years of experience

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Last Updated: 29 Apr 2023

Companies similar to SKF for Payroll Specialist

Company name	Avg Annual Salary	Open Jobs
Neeyamo Enterprise Solutions Payroll Specialist Salary 1 - 3 years exp. (201 salaries)	₹1.2 L/yr - ₹5 L/yr 86% less
Automatic Data Processing (ADP) Payroll Specialist Salary 1 - 8 years exp. (189 salaries)	₹2.3 L/yr - ₹10 L/yr 62% less	1 job opening
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PeopleStrong Payroll Specialist Salary 0 - 8 years exp. (92 salaries)	₹2 L/yr - ₹7 L/yr 70% less
Zellis Hr India Payroll Specialist Salary 1 - 4 years exp. (60 salaries)	₹2.9 L/yr - ₹4.3 L/yr 76% less
Safeguard Global Payroll Specialist Salary 3 - 9 years exp. (54 salaries)	₹4 L/yr - ₹8.5 L/yr 58% less

Payroll Specialist salary at SKF ranges between ₹12 Lakhs to ₹16.5 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of SKF.

Experience wise SKF Payroll Specialist salaries

Last Updated: 29 Apr 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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15+ years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr

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Salary related reviews for SKF

Applications Engineer in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 20 Sep 2024

3.0

for Salary and Benefits

Likes

Good work place environment. Good policies Good work life balance

Dislikes

Salary grade market correction must be done. High level of Favoritism by management employees who stay in the system for long time. Such people bend the company rules to favour their favourite employees.

Product Engineer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bad company to work with. Does not pay well. HR is worst team. They say company will pay variable of 15% at the time of joining. They are complete liars. You don’t even get half. Zero ethics and culture. I don’t recommend anyone joining atleast in Bangalore, India office.

Reliability Engineer in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

Company offers competitive salary only. Good leave policy. Management is good. On time salaries.Flexible working hours for employees who will work at office.

Dislikes

Increments are average.Not getting very good salary. No career growth and promotions. Company don’t offer salary to senior employees as per their expectation and work experience. Will not get preferred job location even after working more than 10 years. Work pressure is high.

Production in Mumbai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Dec 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.company politics are good,appraisals are fair and they give good salary hike and bonus every year

Dislikes

Salary is decent but career growth is slow on job training is not given to new joinees

Diploma Trainee Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 11 Aug 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SKF Payroll Specialist Salary FAQs

What is the notice period for Payroll Specialist at SKF?

According to AmbitionBox, 100% of the SKF Payroll Specialists reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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SKF Payroll Specialist Salaries

SKF Payroll Specialist salary in India ranges between ₹12 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SKF latest salaries received from various employees of SKF.